Latest Updates Around The World
New York Governor Kathy Hochul signed a long-awaited agreement state law designating constructed homes as real estate in December. Over the next eleven months, the question will be whether the newly enacted measure can deliver on the promised mortgage-style financing or get stuck due to legislative regulations. Regulators, lenders and manufactured housing advocates will spend […]
Revealing what two former presidents/CEOs of the Manufactured Housing Institute said undermines the stories There is a widespread story that has been circulating for years in what we affectionately call MHVille. According to that story, the Manufactured Housing Institute (MHI) represents “all segments” of the factory-built housing industry. To quote MHI, they are: “Leading advocates” […]
Down payment assistance programs continue to play a role in expanding access to homeownership, offering an average benefit of approximately $18,000. DPR said the level of assistance reduces a homebuyer’s loan-to-value ratio by approximately 8.8%, improving borrower qualifications and overall loan profiles. Many programs also cover closing costs, prepayment fees, mortgage interest rate buydowns, and […]
Editor’s note: This interview has been edited for length and clarity. Sarah Wolak: Since it’s your first week at Go, I wanted to ask how you got into the role. Jay Promisco: Ultimately, I just met the founders and the investment team behind them [majority owner] Jordan Hansell, and spent a lot of time making […]
As the housing market prices more and more Americans, federal lawmakers are taking a closer look at manufactured housing as a more affordable supply alternative to a traditional self-built home. Nevertheless, misconceptions about new housing developments – that they are dilapidated, ugly or unsafe – continue to plague a segment of the single-family home market. […]
“The Court accepts as true all the properly alleged facts in the complaint and draws all reasonable inferences in favor of the plaintiffs.” So said U.S. District Judge Franklin Valderrama on 12.4.2025. According to Reuters: “A group of companies that lease land for mobile homes have convinced a federal judge in Chicago to dismiss a […]
Last month, members of Congress were treated to a hands-on look at manufactured housing – the sector of the housing industry that holds the greatest promise for meeting our nation’s affordable homeownership and rental housing challenges. The U.S. Department of Housing and Urban Development’s (HUD) “Innovative Housing Showcase” on the National Mall in early September […]
